Commodities

Holidays in Singapore, London and New York dampened trade, as rising concerns over demand recovery offset supply cuts.

Beijing is lagging in crop purchases it promised to make under a trade deal with the Trump administration.

Memorial Day weekend is the unofficial start of the usually lucrative summer travel season.

Hurricane season 2020 could be as severe as 2005 which included Katrina.

U.S. crude oil stockpiles for the week ended May 15 fell by 4.98 million barrels, according to the U.S. Energy Information Administration.

Oil prices rallied amid production cuts and a slow return of demand.

Ninety-eight exploration and production companies in Texas with $75.7 billion of debt filed for bankruptcy from 2015 through 2020.

Although some states have already kicked off re-openings, others have extended shutdowns, meaning the demand for fuel should remain at low levels.

Oil prices rallied after the U.S. Energy Information Administration said oil inventories fell for the first time in 16 weeks.

Saudi Arabia is a growing threat to grab oil-market share from Alaska.

Saudi Aramco plans to cut capital spending to between $25 billion and $30 billion in fiscal year 2020, down from $32.8 billion a year ago.

Oil prices slid after Saudi Arabia announced the state-owned Aramco would reduce production by an additional 1 million barrels per day.

The violence already has shuttered many small mines across the volatile north and the government also has tried to shut down other small-scale mines in the east so that they can’t be used by extremists to finance more attacks.

Before the coronavirus hit, America was the number one natural gas producer in the world.

Beijing's oil imports jumped 7.64% from March but remained below last year's levels.

The NYSE and CME are struggling with how to safely reopen exchange trading floors.

The plant is expected to be fully operational by late May

U.S. oil inventories rose by 4.6 million barrels in the week ended May 1, according to the Energy Information Administration, less than the 7.76 million-barrel build that analysts surveyed by Refinitiv were expecting.

The request from the Interstate Oil and Gas Compact Commission, a consortium of 31 states, comes as the coronavirus pandemic triggers a historic downturn in crude oil prices and fuel consumption.

Barrick's adjusted profit rose to $285 million, or 16 cents per share, in the first quarter ended March 31.